Comments
Karnataka Bank has launched a health insurance policy to cover the uncertainties posed by the Covid-19 pandemic.
Quoting Mahabaleshwara MS, Managing Director and Chief Executive Officer of the bank, a press release said on Wednesday that with the objective of providing insurance cover to individuals against Covid-19-related expenses, the bank, in association with Universal Sompo General Insurance Company Ltd, has launched this health policy.
At a premium of ₹399 (inclusive of all taxes), one can avail health cover for Covid-19 under this policy. This policy will cover in-patient hospital expenses up to ₹3 lakh, outpatient treatment expenses of ₹3,000, and also provide a sum of ₹1,000 a day for expenses incurred towards 14 days of quarantine at a government or military hospital.
The validity of this policy is for a period of 120 days. The policy will be available to all the customers of the bank in the age group of 18-65 years.
The release said that members of the general public who are not existing customers of the bank will also be eligible to buy this policy immediately, after establishing a banking relationship with the bank.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.